Business
This Is a Budget for 'New India', to Benefit Every Strata of Society: MoS Finance Anurag Thakur
Calling it the new-decade budget for New India, Anurag Thakur said Prime Minister Narendra Modi-led government believes in 'Sabka Sath, Sabka Vikas'.
'How Will Sale of Govt Entities Help Nation?' BSP Chief Mayawati Tears in Sitharaman's Budget Proposal
Bahujan Samaj Party supremo and former UP CM Mayawati said the Union Budget doesn’t seem to resolve the problems of the common man who work hard to earn their livelihood.
Govt Depts to Create over 2.6 Lakh Jobs Between 2019 and 2021: Budget Estimate
The Congress and other parties have been criticising the Modi government over lack of job creation, especially after demonetisation of high-value currency notes in November 2016.
Govt to Remove All Income Tax Exemptions in Long Run, Says FM Amid Mixed Reaction to New Regime
Finance Minister Nirmala Sitharaman said improvement in revenue generation gives hopes of lowering fiscal deficit to 3.5 per cent of GDP in the next fiscal from 3.8 per cent in the current.
Farm Markets Need to be Liberalised, Says FM in Budget Speech
Finance Minsiter Nirmala Sitharaman said agricultural services need copious investments.
Kotak Mahindra Bank to Withdraw Case Against RBI, to Pare Promoter Stake to 26 Percent in Six Months
Acting on suggestions from the private sector lender promoted by billionaire Uday Kotak, the Reserve Bank of India (RBI) had on Wednesday agreed to cap the promoter shareholding at 26 per cent of the paid-up voting equity share capital (PUVESC), the bank...
With All Eyes Set on Budget 2020 Today, Here’s a Throwback to Last Year’s Budget Announcements
No changes were made in the income-tax slabs. However, surcharge was increased for those earning Rs 2-5 crore and above Rs 5 crore per annum.
Nitin Gadkari Urges Industries to Cash in on New Express Highway Projects
Gadkari said plans are on for an electric highway stretch on Delhi-Mumbai Expressway and the land acquisition for over Rs 1 lakh crore expressway project has been completed.
Oil Ministry Pitches for Inclusion of Natural Gas in GST
When the GST was introduced in 2017, amalgamating 17 central and state levies, five commodities namely crude oil, natural gas, petrol, diesel, and aviation turbine fuel (ATF) were kept out of its purview.
Narayana Murthy Exhorts Pension Funds, Banks to Invest in Indian Startups
Infosys co-founder Narayana Murthy said a bulk of the money which gets invested as risk capital in the upcoming companies is from abroad and there is a need for domestic money to play an important role in this.
United Spirits Shares Soar 15% in Intra-day Trade After Solid Q3 Numbers
United Spirits shares touched a high of Rs 663.30 apiece on Tuesday. At 3:04 pm, the stock was trading at Rs 657.40, up 14.2% from its previous close.
Piyush Goyal Asks Traders to Promote Swadeshi by Selling and Consuming Local Goods
Goyal exhorted domestic traders to pay heed to the call given by Prime Minister Narendra Modi to promote swadeshi products.
India Wants Qatar to Lower Price of Gas Under Long-term LNG Deal: Dharmendra Pradhan
India imports 8.5 million tonnes of liquefied natural gas (LNG) annually under long-term supply deals with Qatar.
Rupee Slips 18 Paise to 71.51 against US Dollar in Early Trade
The rupee opened weak at the interbank forex market, down 18 paise over its previous close. The domestic currency however, gained some lost ground.
Govt May Consider Import Duty Cut on Raw Material for Fertiliser Industry in Budget
Lower import duty on raw material like rock phosphate and sulphur used for manufacturing of DAP (Di ammonium phosphate) would help boost domestic production and cut in import bill, according to sources.
Franklin Templeton MF Side Pockets Exposure to Vodafone Idea
The move will help prevent the distressed assets from damaging the returns generated from more liquid and better-performing assets.